150 Lebanese Businessmen to participate in Egypt Economic Summit
Around 150 Lebanese businessmen are expected to attend Egypt’s Economic Summit in March, chairman of the Egyptian…
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industry & trade
Siemens Profit hurt by Weak Economy, Oil Prices
Siemens AG has stuck to a forecast for improved earnings in its current fiscal year despite a 25% fall in…
Naguib Sawiris’ Latest Large Project is worth €220 million in Cyprus
Egyptian business tycoon Naguib Sawiris will invest around €220 million in the construction of the marina in…
Carrefour Franchisee to pursue Egypt Growth as Retail recovers
The owner of Carrefour SA’s (CA) franchise for the Middle East will pursue expansion in Egypt after business at a…
Egypt: EGP764 million New Investments in Halayeb, Shalateen and Abu Ramad
Egyptian government will focus on carrying out basic projects in Halayeb, Shalateen, and Abu Ramad areas, with…
GASC: Egypt buys 3.3 million Tonnes of Wheat in 7 Months
Egypt, the world’s top wheat importer, has bought around 3.3 million tonnes of wheat during the since July 1, the…
Egypt forgives Iraqi Debt in Exchange for Oil
Iraqi Prime Minister Haider al-Abadi’s visit to Cairo on Jan. 11 included several political, military and economic…
Davos 2015: Oil Chiefs feel Chill Wind of Uncertainty over Price
The collapse of crude prices is spreading uncertainty among executives, whether they lead companies that stand to…
Egypt doesn’t see Oil Price Drop hitting Investments from Gulf – Minister
Egypt does not expect Gulf Arab countries to reduce their investments in the country despite the fall in oil…
Nestle plans to invest $138 million in Egypt in Next Few Years
Swiss food giant Nestle plans to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few…